SAN FRANCISCO, August 21, 2018 /PRNewswire/ --
Global Roofing Chemicals Market is anticipated to grow at a substantial CAGR in the forthcoming period as the scope, product types, and its applications are increasing across the globe. Roofing chemicals are commonly used to improve the shelf life and performance of roof coverings and coatings. On the other hand, the factors that may hamper the growth of the market include high cost of roofing coatings or chemicals. Roofing Chemicals Market may be explored by type, application, and geography. Roofing Chemicals Market by type could span Acrylic Resins, Asphalt/Bituminous, Epoxy Resins, Styrene, and Elastomers. The "Asphalt/Bituminous" segment led the Roofing Chemicals Market in 2016 and is anticipated to maintain its dominance by 2025. This could be attributed to increased demand for asphalt/bituminous as well as elastomer that is equipped with cooling granules in order to render the buildings energy-efficient. Developers and manufacturers are progressively concentrating on inventive products in terms of low maintenance and low cost to surge their manufacturing capacities.
The key applications that could be explored in the Roofing Chemicals Market include Bituminous Roofing, Metal Roofing, Elastomeric Roofing, Membrane Roofing, Plastic (PVC) Roofing. The "Bituminous roofing" segment led the Roofing Chemicals Market in 2016 and is anticipated to maintain its dominance by 2025. Roofing Chemicals Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. Asia-Pacific accounted for the major share of the Roofing Chemicals Market Size in 2016 and will continue to lead in the forthcoming period. The factors that could be attributed to the growth include surge in urbanization and population makes a higher demand for buildings will drive the market. India is the major developing country in roofing chemicals market.
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The key players contributing to the robust growth of the Roofing Chemicals Market comprise Sika AG, The Dow Chemical Company, GAF Materials Corporation, Excel Coatings, Akzo Nobel N.V, BASF SE, 3M Company, and Saint-Gobain S.A. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to increase the inorganic growth of the industry. This report studies Roofing Chemicals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
- BASF SE
- The Dow Chemical Company
- E.I. du Pont de Nemours and Company (DuPont)
- Saint-Gobain S.A.
- GAF Materials Corporation
- CertainTeed Corporation
- BraasMonier Building Group
- North American Roofing Services, Inc.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Acrylic Resin
- Asphalt/ Bituminous
- Epoxy Resin
By Application, the market can be split into
By Regions, this report covers (we can add the regions/countries as you want)
- North America
- Southeast Asia
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